Enphase Energy (ENPH) Revenue (2011 - 2026)
Enphase Energy's (ENPH) quarterly Revenue came in at $282.9 million in Q1 2026, down 20.55% year-on-year from $356.1 million in Q1 2025, and down 17.6% quarter-over-quarter from $343.3 million in Q4 2025.
Enphase Energy (ENPH) Revenue (2011 - 2026) Analysis & Trends
Enphase Energy's Revenue history runs 16 years deep, the most recent figure standing at $282.9 million for Q1 2026.
- On a quarterly basis, Revenue fell 20.55% year-over-year to $282.9 million in Q1 2026; TTM through Mar 2026 was $1.4 billion, a 1.64% decrease from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 10.72% from the prior year.
- Revenue eased to $282.9 million in Q1 2026 per ENPH's latest filing, from $343.3 million in the prior quarter.
- Across five years, Revenue topped out at $726.0 million in Q1 2023 and bottomed at $263.3 million in Q1 2024.
- The 5-year median for Revenue is $382.7 million (2024), against an average of $453.4 million.
- Across the five-year window, Revenue jumped 80.56% in 2022 and plunged 63.73% in 2024, its largest moves.
- Year by year, Revenue stood at $724.7 million in 2022, then sank by 58.25% to $302.6 million in 2023, then grew by 26.49% to $382.7 million in 2024, then declined by 10.29% to $343.3 million in 2025, then dropped by 17.6% to $282.9 million in 2026.
- Per Business Quant, the three latest ENPH Revenue figures stand at $282.9 million (Q1 2026), $343.3 million (Q4 2025), and $410.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 1.04 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 880.52 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 282.90 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 1.78 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 310.50 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 722.23 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 140.56 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.22 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 223.41 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 142.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 282.90 Mn |
| Dec 31, 2025 | 343.32 Mn |
| Sep 30, 2025 | 410.43 Mn |
| Jun 30, 2025 | 363.15 Mn |
| Mar 31, 2025 | 356.08 Mn |
| Dec 31, 2024 | 382.71 Mn |
| Sep 30, 2024 | 380.87 Mn |
| Jun 30, 2024 | 303.46 Mn |
| Mar 31, 2024 | 263.34 Mn |
| Dec 31, 2023 | 302.57 Mn |
| Sep 30, 2023 | 551.08 Mn |
| Jun 30, 2023 | 711.12 Mn |
| Mar 31, 2023 | 726.02 Mn |
| Dec 31, 2022 | 724.65 Mn |
| Sep 30, 2022 | 634.71 Mn |
| Jun 30, 2022 | 530.20 Mn |
| Mar 31, 2022 | 441.29 Mn |
| Dec 31, 2021 | 412.72 Mn |
| Sep 30, 2021 | 351.52 Mn |
| Jun 30, 2021 | 316.06 Mn |